The “re-org conspiracy” shows why crypto diversity is good for Bitcoin

As you’re probably aware, crypto exchange Binance was hacked at the beginning of May 2019. In the aftermath, the Binance CEO Changpeng Zhao (CZ) toyed with the idea of “undoing” the hack by orchestrating a huge re-org of the Bitcoin blockchain.

This basically means that miners would ditch the transaction blockwhere the hacker’s transaction appeared and create new blocks(without the hacker’s transaction) from that block on.

This “re-org conspiracy” was nothing more than just a few tweets (and maybe a couple of phone calls) and it realistically could not…

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